Bank interest on a minimum monthly balance

For an everyday account, the opening balance was $2,116, the minimum monthly balance was $2,082.50, and the closing balance was $2,116.50

This fictional account uses a minimum-monthly-balance rule: interest is 2% per month on that minimum. This is a monthly, not annual, rate. All stated balances are before the month-end interest and listed fees; both are applied afterwards. Other accounts may use different rules

The monthly fee is an administration fee of $0.74